ZEC gains 120% year-to-date amid derivatives leverage flush
- —ZEC at $1,117.37, down 0.13% over the day, daily high $1,155.38
- —Derivatives open interest fell about 20%, $17.2 million liquidated
- —RSI at 62.6, MACD histogram negative at -9.18 — momentum weakening
- —Support at $1,104.46, resistance at $1,155.38; annual volatility 156.2%
Why it matters: The leverage flush does not change the fundamental picture: the ZEC ETF and CLARITY Act expectations remain key drivers for privacy coins.
Source: DiarioBitcoin